There are numerous qualities a good CEO should have so it is important that your management team have diverse backgrounds and characteristics that their output as a whole can supplement each other’s weaknesses with strength.

As the CEO, you have the most critical position in the business because you are the responsible for each decision you make in behalf of the company as well as the direction and action it will make.

The CEO should have knowledge that comes less from school education and more so from the bottom up through the ranks. More importantly, you should always keep in mind that you are only allowed to make very few mistakes and you need to focus on the company’s development and successful implementation of its plans.

CEO’s face the same challenges in time. Time is one of the most common enemies as it seems that you always have limited time to do all the things you need to do both in your career and your personal life.

Dr. Jon Cummins wrote a great article which talks about the 7 habits you should have if you want to become a good CEO.